When did Germany stop paying reparations for the World War I?
Although the fighting stopped with the armistice in 1918, World War I continued financially for Germany for another 92 years.
In 1919, Germany grudgingly signed the Versailles Treaty, which not only forced Germany to take full responsibility for the damage caused during World War I, it also forced Germany to pay huge sums of money in reparations payments.
The initial sum of money was 226 billion Reichsmarks, which was later reduced to a still unmanageable 132 billion Reichsmarks. These reparations payments nearly bankrupted Germany in the 1920s and led to the rise of the Nazis in Germany in the 1930s.
On Sunday, October 3, 2010, the last reparation payment was paid and Germany is finally done with World War I.
What are your thoughts on this subject?
12 Comments
Leapy Lee
The Treaty of Versailles flyer WWI was so punitive it was a major cause of the rise of Hitler. Germany experience hyperinflation and people were starving. Hitler came along and sold the population on nationalism and making Germany a world power again. They did not pay any reparations for many years. After WWII lessons were learned and the Allies did not try to enforce such punitive arrangements on them again.
MohamedLarbi Bouabdallah
Ridiculous! DID THEY KEEP PAYING during WW II ?
lmoores
Will they be done paying for WWII in 2035?
Ilias Tsiabardas
They Never Paid a Penny for the Atrocities And Damage to my Native country Greece. And that's the truth
Stevie G
October 3, 2010
Tony Asuncion
Where did all that mulaa go?
Ström Silverhammare
Couldn't remember all the details, but only two dates I can recall, 1930, when the government collapsed and halted all reparations. Then late 2010, when the 92 years was up.
Terry Nashita Sameera Muhammad
I thought the was cancel since Germany was bankrupt in1932
Ruben Pages
I am 2nd. in line and also for a Jetta for my daughter. By the way I served (US ARMY) there in the mid-60s and they "lost money" with me. Ha, ha. LOL!
Jeri Deo
Yea I'd like to know whom all that money was paid out too ? And, was that money also used to help vets and their families ? well, I can look it up
Peter Buehrle
So, who got all the money ??
Aaron David
Now they can send me my BMW.